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of panasonic north america. i'm your screen is joe taylor, the ceo and chairman of panasonic north america. -- on your screen is joe taylor, the ceo and chairman of panasonic north america. talk to me about the products. >> thank you for having me. interesting thing we're doing here is not just in to do seeing some new consumer electronics, but rolling out the new image of panasonic globally carried that is a company that is almost 100 years old and has a portfolio product far beyond consumer electronics. >> such as? >> our b2b space is growing for us. we have major market shares in- flight entertainment and automotive industry far beyond speakers and radios. navigation systems. sports and entertainment venues. shame on us, but we have not made people well aware of these even though we are 100 years old. >> we are aware of panasonic television and cameras and things like that. you have a brand called your tv. what is that? >> your db is the latest innovation. -- your tv is the latest innovation. it will want their content when they wanted. they want to communicate. they want twitter. they
to a panasonic or a sony that they beef up or keep their washington offices strong? >> guest: microsoft didn't have much of the washington office and until all of a sudden the feds came after them on antitrust issues. you get the sec going on something else some in congress passes some longer hold business goes out the window and they recognize, some companies need that but the reality is that today there are so many conflicting interests that somebody if they happen at antigen washington will write the rules to benefit them and that can undo your business plans. so yeah i would say to sony even companies that come out of countries that don't have that kind of tradition, we are a full democracy where lobbying is embedded in the constitution. these countries are little bit different so they are a little late to the party on some of them. google has been successful. they have learned the hard way that if you don't have that washington presents and the tendency of a lot of these tech -- we don't need the government let us just innovate on our own. that is great in theory but all of a sudden the
, would you recommend to a panasonic, to a sony that they beef up or keep their washington offices strong? >> guest: well, you know, microsoft didn't have much of a washington office until all of a sudden the feds came after them on antitrust issues. and then you get the justice department going after you on something else, and then you get the sec on something else, then congress passes some law, and your whole business plan's out the window. they recognize -- i mean, it's unfortunate companies need that. but the reality today there are so many conflicting interests that somebody if they have an advantage in washington will write the rules to benefit them. and that can undo your business plan. so, yeah, i'd say to sony -- these companies come out of countries that don't have that kind of tradition. we're a full democracy where lobbying is embedded in the constitution. these countries it's a little bit different. and so they're a little late to the party on stuff. google learned the hard way, but google's been very successful. susan molinari is doing a great job there. they've learned the
showing signs of a turn around. panasonic reported the first profit since october and december. >> translator: in this quarter, our sales fell due to stagnant demand of products like televisions and digital cameras, but we managed to post a before-tax profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has been intensifying. >>> sharp said it posted its first profit in five quarters in the final three months of last year. sharp executives say operating profit in the october to december period totalled about $28 million. that came largely from higher than targeted sales of smartphones and crystal television sets. the company set up a goal to start posti
in malaysia for the first time. we report. >> reporter: panasonic built this plant in malaysia at the cost of $480 million. the factory started shipping solar panels on the first day. output will eventually reach some 1.3 million units a year. demand for solar power is rising rapidly, especially in japan and europe. greater awareness of energy conservation is one factor. programs to facilitate trade in solar and other renewable energy have also helped. but price competition is intensifying. china is the world's biggest maker of solar panels. chinese manufacturers have cut their prices aggressively, putting foreign rivals under pressure. price cutting is the major factor of solar panel industry. this factory in malaysia is expected to reduce the course of production by 20%. until now, panasonic produced the key component to solar cells in japan and assembled the panels overseas. by integrating production in one place, the company can reduce costs for transport and personnel. >> translator: price competition could continue to intensify. we'll keep improving productivity to stay ahead. and im
turn around attempt. >>> meanwhile panasonic reported its first net profit in two quarters. >> translator: in this quarter our sales fell largely due to stagnate demand for products like televisions and digital cameras. but we managed to post a before tax profit and an after tax profit. >> panasonic's net came to $670 million. group sales were down, though, 8% from a year earlier. the company managed to cut costs by slashing jobs and a decline in the prices of rare earths and other raw materials was also a help. now the firm has kept its forecast for this fiscal year. it's expecting to lose more than $8 billion. panasonic officials explained that the business environment could change, though the yen's decline would push up sales. they also note that competition in the digital product market has been intensifying. many japanese manufacturing companies try to regain financial health employment is coming increasingly under pressure. the number of workers in the country has dropped now below 10 million, that's the first time that's happened in more than 50 years. researchers at
for generating solar energy. cretshat manufacturers usiness fiercely protect. panason panasonic's decision to shift production of solar cells overseas reflect it is brutal price competition is company must endure. nhk world, kadar, malaysia. >>> emerging. citizens demanding democracy. the threat of violence. the push for peace. the shadow of conflict. get news and insight on south and southeast asia every weekday live from bangkok only on nhk world "newsline." >>> from earthquakes to tsunami, when it comes to disasters, people in japan know just how unforgiving nature can be. since 1997, just two years after the great earthquake, an annual exhi bugs of emergency equipment featured hundreds of products to help save lives in a catastrophe. organizers expect this year's show to attract a record number of people. nhk world's iku tanaka has the story. >> reporter: 226 companies and organizations are taking part in the event in yokahama. nearly two years have passed since the earthquake and tsunami hit northeastern japan. since then, designers have been turning out more and more lifesaving produ
for fujitsu to streamline productions is merge with some other company. fujitsu and panasonic have announced they'll merge to reduce their pricing power in the global market. fujitsu's president said the two companies had agreed to launch a joint venture by fiscal 2013. the new company will design and develop semiconductors as a key component in consumer electronics. >> translator: we at fujitsu and panasonic will concentrate our corporate resources on our mutual strengths. that will make the company more competitive in the global market. >> the state-backed development bank of japan is planning to provide several hundreds of millions of dollars to the new entity. another company had also been in the merger talks, but it failed to research an agreement with fujitsu and panasonic. >>> sony has reported its consolidated results through december. the electronics giant left its profit forecast unchanged. executives at the firm put the operating profit projection for the fiscal year through march at nearly $1.4 billion, that is the same level as its previous forecast. a weaker yen led to an impro
sharp and panasonic both released their improved earnings report today. the nikkei reported that sharp would be posting their first operating profit in five quarters. after the market close, the company released its earnings report and returning to the black, its 2-3 operating profit turned out to $28 million. this is mainly due to its strong sales of its smartphone panels. sharp shares gained 6% today. meanwhi meanwhile, panasonic returning to the black posted a net profit of $666 million for the q3, mainly from its cost cutting efforts by eliminating jobs. however, they both leave doubts about their struggling businesses. sharp maintained its forecast for the fiscal year to march, a net loss of 4.9 billion dollars and a revenue of $26 billion. panasonic reiterated its full year forecast, a net loss of $8.3 billion. back to you, ross. >> all right. toshiko, thanks very much, indeed, for that. asia next week, earnings, earnings, and yes, more earnings. mitsubishi electric are posting new results. we'll watch for buy due and soho earnings out of china. htc and mediatex report fourth qua
. the electronicsmaker will be designing operations with panasonic in a new joint venture by march 2014. fujitsu is in talks again with panasonic and taiwan's ftmc to share its main production plant. also announced is a massive downsizing plan to ax 5,000 workers in japan and abroad. separately, some 4,500 employees are to be transferred to panasonic. in contrast, sue zuky motor made an upward revision of the current fiscal year by 7% thanks to the weakening yen. net profits from the third quarter jumped 9% from the previous year. they enjoyed brisk domestic sales of its new wagon r last september. having pulled out of the u.s. market, the small manufacturer said its narrowing its markets. that's all from the nikkei business report. back to you. >> okay. great. we know just how strong chinese auto sales figures have been. we'll talk more about that market and autos generally with daimler's ceo coming up later in the program. now, a rare economic bright spot from japan, the country's core machinery orders showed its price surge at 2.8% in december. that was the modest decline. analyst looked at t
sophisticated than others. there has been a lot of coverage of the panasonic >> that pops up your content based on different members in the house will -- members of the household. one of the things i like to do is to be careful to make sure we are not lumping different kinds of facial recognition technology into one bucket, but to understand them individually. this technology can be used for facial detection. here is a face. locate the face in a photograph. we are locating face is to blur of them, ensuring that chad seats to include a face, and not something else that could be -- chat feeds a face, and not something else that could be disturbing. companies can place cameras into digital signs to determine demographic characteristics such as age range and deliver targeted advertising based on that consumer's demographic profile. it might show a 30-year-old man in an advertisement for shaving cream and a woman might be shown an advertisement for perfume. one company has leveraged his ability to determine age, race, and gender to determine average of demographic data. cameras played to the entranc
a priority. even as dollar/yen trades near the 93 level. panasonic shares jumped at 17% after turning to a quarterly profit in q3. the shanghai composite ended higher by 0.4%. official services pmi data confirmed a mild recovery. coal miners soared on higher demand and a new policy to improve mining efficiency. liquormakers took another beating after the public sector was urged to stop posing boozy banquets in the upcoming lunar new year. ping an insurance slipped nearly 3% today despite hsbc repeating the okay from beijing to sell its remaining stake. investors are afraid that hsbc might have sold its -- given how much market has value since the deal was first announced on december 5th. elsewhere, technologymakers brought the south korea kosty poundy by about 0.25%. meanwhile, australian shares ended lower ahead of the rba meeting down by housing data and job advertisement. india's sensex now trading lower by about 0.1%. back to you, kelly. >> sixuan, thank you so much for that. we'll see more for you in just a bit. bankia, they're leading the market up about 6% after we saw last wee
17% today on blockbuster earnings results. you have best buy, panasonic, campbell's soup and shall helping to boost their bottom line. way too much information and not enough good software. lars bjork is here. 17% pop in your stock. even though your cfo resigned for personal reasons. how come the markets are just shaking this off? >> they are looking at us as a strong team. most of us will be around. dennis: yes. this cfo. you are forecasting a loss for the fourth quarter. why is that? >> i think that investors look at this as a long-time investment. it is one where we invest. we pick up any revenue later in the year. they look at the full year. dennis: let's talk about what your customers are doing with it. >> we play in the big data field. you take somebody and build them a nice dashboard that is being used by bob garfield and his executive team. you take someone like the morse healthcare system where the physicians are using our software to treat children. dennis: change some of the insights because of your software. >> yes. how can we prevent and plug the hole of fraud by using
panasonic shares a modest boost. 10%, that is not bad, a big a bg boost, better-than-expected results at the insurance company brown and brown, up 5%. and downgrading the holdings on the wireless company. and wet seal unveiled some cost-cutting efforts. it is unchanged at 277. yahoo!'s biggest shareholder sold 11 million shares not hitting the market hard. simon property group posted better-than-expected profits but down just a fraction. more than $0.10, or $0.18 spike. is this supply and demand was something else going on here? next. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lu
panasonic saw it'll market value jump 84%. analysts say rapid increase say investors expect the weakening yen will help japanese exporters improve earnings. >>> scientists in japan are expected to start the world's first clinical trial using ips cells later this year. they are thinking ahead to when research teams would use stem cells to create human organs. they're introducing a fast track approval system so patients can receive transplants quickly. ips cells are created from recreated mature cells. some experts worry the health ministry would take a long time to approve the use of artificial organs. the quality is inconsistent and there are a limited number of case studies showing they are effective and safe. ministry officials want to give provisional approval if organs are confirmed safe even in a small number of trials. then they'll collect more data on the organs and decide whether to give full approval. they'll need to revise japan's pharmaceutical law to implement this new system. the health minister is planning to submit a bill to the current session of the diet. >>> japanese pri
Search Results 0 to 17 of about 18 (some duplicates have been removed)